a) Identify the three classifications of the statement of cash flows. Why are these classifications important? (4 marks) b) Fabulous Ltd provides you with the following information: Sales for the year $800000 Discounts provided during the year to customers for early payment $20 000 Doubtful debts expense for the year $10 000 Opening balance of accounts receivable $180 000 Closing balance of accounts receivable $160 000 Opening balance of the allowance for doubtful debts $18 000 Closing balance of the allowance for doubtful debts $16 000